Advanced settings for bonus payrolls
Bonus payrolls will have the following default advanced settings:
- Tax withholding rate of 25% (supplemental wage fixed rate)
- No other deductions and contributions are made that typically happen on regular payrolls
- No specified work period on the paystub
- If your benefits are managed by Gusto, those benefit amounts that typically happen on regular payroll will not be deducted
When running a bonus payroll, you can adjust these default settings to best fit your off-cycle payment.